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Stock impact report

Axogen Inc (AXGN) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic Advancements [Yahoo! Finance]

Axogen, Inc. (AXGN) 
Last axogen, inc. earnings: 2/24 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.axogeninc.com
Company Research Source: Yahoo! Finance
Gross Profit: $36.4 million, up from $31.7 million in Q3 2023. Gross Margin: 74.9%, down from 76.8% in the same period last year. Operating Expenses: Increased by 2.9% to $36.8 million. Sales and Marketing Expenses: Decreased by 1.3% to $18.9 million. Research and Development Expenses: Increased by 4.5% to $7 million. General and Administrative Expenses: Increased by 9.8% to $10.8 million. Net Loss: $1.9 million or 4 per share, compared to a net loss of $4.1 million or 10 per share in Q3 2023. Adjusted Net Income: $3.1 million or 7 per share, compared to $0.7 million or 1.1 per share last year. Cash Flow: Positive cash flow in Q3, with cash, cash equivalents, and investments at $30.5 million as of September 30th. Full Year Revenue Guidance: Maintained at $182 to $186 million. Full Year Gross Margin Guidance: Expected to be at the high end of the 74 to 76% range. Warning! GuruFocus has detected 4 Warning Signs with AXGN. Release Date: November 07, 2024 For th Show less Read more
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